Riverhouse Childrens Center Inc

Analysis

Riverhouse Childrens Center Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Riverhouse Childrens Center Inc reported income of $1.1m and spending of $1.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $797k to $1.1m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverhouse Childrens Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Coddington Road Community ($1.1m), Stable Life Services ($1.1m) and Permobil Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $72k (6.2% of expenses). Other salaries and wages came to $703k. At year end it held assets of $1.7m against liabilities of $1.4m, net assets of $283k. It reported 63 employees.